Rashid bin Dalmouk: “We are proud to be pioneers in launching virtual digital assets
Dubai Horse Racing launches digital assets and artworks via Blockchain
Rashid bin Dalmouk.
From the source
The project is an important step in the field of digital technologies.
From the source
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Dubai Racing Club has announced a project to launch a set of digital assets and artworks, in the form of non-fungible tokens (NFT) via “Blockchain” technology, which will provide a wide range of advantages and offers in the virtual and real worlds, for those who own these artworks. Limited digital, in a step that is the first of its kind in the field of horse racing in the world.
The launch of the project comes in line with Dubai’s approach to pioneering the world of digital assets and a translation of its endeavor to encourage institutions to break into this new world full of opportunities, as the project is an important step in the field of digital technologies and the latest trends in the business world, and represents a pioneering direction for Dubai in the global horse racing industry.
The project reflects Dubai's continuous pace with global technological development, and its keenness to have an influential role in shaping its future. The announcement of the project comes shortly after His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, issued a decision to form A committee headed by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, to oversee all future technological developments in the field of the digital economy, and days after His Highness the Crown Prince of Dubai launched the “Dubai Metaverse Strategy” and His Highness announced the organization of the “Dubai Metaverse Forum” in next September.
Commenting on the launch of a group of digital assets and artwork for the first time in the world in this sports field, Sheikh Rashid bin Dalmouk Al Maktoum, Chairman of the Board of Directors of the Dubai Racing Club, said: “In light of the great ambitions of the wise leadership for the future, Dubai continues to support innovation In its various forms and forms, and today we are proud to be the pioneers in launching virtual digital assets in the world of horse racing, providing our loyal audience with a completely new experience through the use of non-fungible tokens, which can be used in the real and virtual worlds.”
He added: “This is the first initiative of its kind in this industry in terms of uses in the virtual and real worlds, and we have more to announce during the next season, based on our continuous endeavor to develop the field of horse racing, which is an integral part of the culture of the UAE and its sports and social heritage, This is an area that Dubai pays great attention to, evidenced by the quality initiatives it offers to the world that support horse sports and enhance its position, while Dubai today combines its long history in the field of horse racing with its great ambitions to be a participant in making the future and a pioneer of its technologies. advanced.”
The digital assets and artworks project will be launched during the next season, coinciding with the racing season at Meydan Racecourse, which will start on November 4, 2022, where the digital artworks will be distributed into 3 categories, the first is an honorary group, and the rest will be available online.
The first set of digital artworks will be called Dubai Sprinters and will be accompanied by several exciting offers related to real and virtual world benefits, as well as the unveiling of a new Metaverse project, which the Dubai World Cup organizers intend to unveil soon.
The project will be launched during the next season, coinciding with the new racing season in Meydan.
The project reflects Dubai's keeping pace with global technological development, and its keenness to have an influential role in shaping its future.
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